Box Office Report: Talking Teddy vs. Stripping Studs

Despite strong competition from Channing Tatum and the shirtless strippers of Magic Mike, Ted smoked and cursed his way to the top of the box office this weekend, earning $54.1 million on Friday and Saturday.

It was the third-highest debut of all-time for an R-rated comedy, trailing only The Hangover II and Sex and the City.

Magic Men didn't fare too poorly itself, though, pulling in a 73 percent female audience and garnering $39.2 million in two days.

“This is what the business is about,” says Warner Brothers’ President of Domestic Distribution, Dan Fellman. “There are surprises sometimes, and when you get a sleeper, it’s great.”